India, June 11 -- The monetary policy announcement from the European Central Bank is the top economic news due on Thursday.

At 2.00 am ET, Statistics Sweden publishes inflation data for May. Economists forecast consumer prices to grow 0.8 percent on a yearly basis, in contrast to the 0.1 percent fall in April.

At 7.00 am ET, Turkey's central bank announces its interest rate decision. The bank is widely expected to hold its one-week repo rate at 37.00 percent.

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